Petrus Resources (TSE:PRQ) Releases Quarterly Earnings Results

Petrus Resources (TSE:PRQ) posted its quarterly earnings results on Wednesday. The company reported C($0.10) EPS for the quarter, FiscalAI reports. The business had revenue of C$25.28 million for the quarter. Petrus Resources had a return on equity of 3.44% and a net margin of 12.74%.

Petrus Resources Trading Down 3.0%

Petrus Resources stock traded down C$0.06 during trading hours on Wednesday, reaching C$1.95. The stock had a trading volume of 92,686 shares, compared to its average volume of 111,579. The stock has a market cap of C$287.49 million, a PE ratio of 24.38 and a beta of 0.44. The company has a fifty day simple moving average of C$1.92 and a 200-day simple moving average of C$1.85. The company has a debt-to-equity ratio of 20.51, a current ratio of 0.41 and a quick ratio of 0.48. Petrus Resources has a 52 week low of C$1.25 and a 52 week high of C$2.30.

Petrus Resources Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 29th will be issued a dividend of $0.01 per share. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date is Friday, May 15th. Petrus Resources’s dividend payout ratio is currently 150.00%.

About Petrus Resources

Petrus Resources Ltd is a company that is engaged in the acquisition, development, exploration, and exploitation of energy business assets. The company receives maximum revenue from oil and natural gas. The company’s core operating areas are Ferrier, Central Alberta, and the Rocky Mountain foothills.